DHX vs ROK: Correlation
Measured on weekly returns over the past three years, DHI Group, Inc. (DHX) and Rockwell Automation (ROK) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DHX and ROK?
On 3 years of weekly data the DHX/ROK correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. The 5-year figure is 0.31, and annualized covariance runs at 699.6 %².
Few assets follow DHX as closely as ROK, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with DHX ahead by 26.2 points (+51.9% versus +25.7%). Note the risk asymmetry: DHX runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DHX vs ROK: side by side
| DHX (DHI Group, Inc.) | ROK (Rockwell Automation) | |
|---|---|---|
| 1-year return | +51.9% | +25.7% |
| 5-year return | -1.7% | +44.9% |
| Volatility (ann.) | 67.6% | 27.9% |
| Beta vs S&P 500 | 0.82 | 0.97 |
| Max drawdown (3Y) | -68.6% | -29.0% |
| Market cap | $0.2B | $48.2B |
| P/E (trailing) | 136.7 | 40.6 |
| Dividend yield | 0.00% | 1.26% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | DHX | ROK |
|---|---|---|
| 2022 | -15.2% | -24.8% |
| 2023 | -51.0% | +22.6% |
| 2024 | -31.7% | -6.2% |
| 2025 | -12.4% | +38.4% |
| 2026 | +164.5% | +12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DHX and ROK good diversifiers for each other?
Reasonably. At 0.37, DHX and ROK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DHX and ROK?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.29 over the last year and 0.31 over 5 years.
Is ROK a good diversifier for DHX?
Reasonably. At 0.37, DHX and ROK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dhx-vs-rok.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dhx-vs-rok/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DHX correlations · ROK correlations
